Withholding Calculator for 2018 - 2019
By using an IRS federal
tax withholding calculator you can determine if
you need to (as and employee) give your employer a new
W-4 Form, Employee's Withholding Allowance Certificate
to avoid having too much or too little federal income
tax withheld from your paychecks. You can use the results
from the calculator to easily fill out the W-4 form
in order to make any adjustments necessary to your paycheck
IRS tax withholding tables
are great tools to
help update your payroll tax rates per IRS Publication
15, (Circular E), Employer's Tax Guide
. The charts include
federal withholding (income tax), FICA tax, Medicare
tax and FUTA taxes to help you make accurately calculated
adjustments as necessary.
IRS Federal Paycheck
Withholding Tax Estimator
Tax Withholding Calculator
TurboTax W-4 Paycheck
using the TurboTax W-4 estimator to perform a calculation each year, you have the
opportunity to more closely match your w-4 withholdings
with your year end tax liability.
If it looks like your going to be receiving a larger
than normal refund at the end of the year based on your
current withholdings, you may want to make an adjustment
that will increase your weekly take home pay instead.
Estimate those W-4 withholdings now and get things
adjusted as needed!
Use our website to calculators to estimate federal tax data
as needed. It's FREE
to determine any Internal
Revenue Service tax adjustments you should make.
Should You Make An
Adjustment To Your Paycheck Withholding’s This Year?
Each tax season there are thousands of tax filers
that are surprised by a bigger refund than they
expected, or shocked by a big end of year tax bill. This
is when they realize that they have either had too much
withheld from their paychecks, or they did not have
enough withheld and ended up owing a big year end tax
It is never a pleasant event to discover that you
will end up owing another lump sum payment to the IRS.
On the other hand, getting a great big refund from
giving Uncle Sam just means you gave him an interest
free loan from your over-payments.
You should be using the IRS withholding calculator at
least once every year to help you determine whether you
are likely to be on proper target to for ending up as
close to even at the end of the year Uncle Sam based on
your current payroll withholding exemptions.
If the prediction you come up with is leaving you way
ahead or behind on tax payments you can make some
adjustments to your W-4 form and resubmit it to your
employer for an adjustment to your paycheck withholding.
Choosing the optimal withholding exemptions will
ensure you don't have way too much or way too little
deducted from each paycheck leaving a you way ahead or
way behind. Use the W-4 calculator to estimate the
proper amount that should be withheld.